Over 90% of durable carbon removal purchases last quarter originated from a single innovative technology: Bioenergy with Carbon Capture and Storage (#BECCS) ⚡ Let’s break it down. BECCS involves three key components: 1️⃣ Biomass: At the heart of BECCS is biomass. This biomass contains carbon, which plants naturally absorb from the atmosphere through photosynthesis. 2️⃣ Energy Generation: This biomass is then used to generate bioenergy. Typically, CO2 is released during the process of converting biomass into energy. But here’s the twist: Carbon Capture and Storage (CCS) technology is used to capture these emissions at the source, preventing their release back into the atmosphere. 3️⃣ Carbon Storage: To securely and durably store the captured CO2, it is pumped and stored deep underground in rock formations or in durable products such as concrete, where it remains stored long-term. BECCS is on the rise and shows huge potential: The IPCC estimates that BECCS could remove 0.5 to 11 Gt of CO2 per year by 2050. Based on projects currently in the early and advanced stages of deployment, BECCS technology could capture up to 60 Mt CO2/yr by 2030, says the IEA. However, there are a couple of roadblocks: 💲 Costs and Logistics: BECCS remains costly due to its early development stage and need for substantial investments. Logistics also drive up costs, as facilities must be near biomass sources or energy demand locations, making the transportation of CO2 to storage sites challenging. 🌳 Biomass Sourcing: Scaling up BECCS requires a significant amount of biomass, raising concerns about sustainable sourcing. Ensuring this biomass is grown and harvested without negatively impacting ecosystems, biodiversity, water resources, or food security is crucial. Conducting thorough life-cycle assessments of biomass production and prioritizing the needs of local communities and ecosystems are thus vital for the sustainable scaling of BECCS. Want to learn more about durable carbon removal? Visit our website for an overview of the most relevant technologies 🔗https://lnkd.in/eAxG_mQA Is your company working on BECCS? Reach out to Altug Ekici to learn more about collaboration opportunities. To get the latest CDR market insights and news, sign up for our newsletter ➡️ https://lnkd.in/eTcNed7F #carbonremoval #BECCS #netzero #sustainability #climateaction #CDR
Carbonfuture
2mo
As Carbonfuture we are also open to working with all types of biomass based durable CDR pathways. Apart from BECCS, we facilitate MRV and credit sales for projects using organic conversion of biomass (bioethanol, biogas plants) and Waste-to-Energy plants using mixed feedstocks. Reach out to us for collaboration options!
Xavier Dantis
2mo
Which technology is used to capture the Co2
Richard Ims
2mo
This is what we at Carbon Chicken Project, LLC are in the early stages of doing using poultry litter as a feedstock. We advocate the development of our own BECCS
Bharat Merchant
2mo
Very informative Let us EVALUATE BENEFITS
Widely experienced Viticulturist and Winemaker with an extensive international career in managing premium wine estates and all areas of grape growing operations, winemaking and brand quality development.
2moCould you highlight the both the current leading facilities / plants in operation and where new ones are currently being planned ?